Effect of having a buy-to-let mortgage.

Mega

Sorry if this question is naive.

I own my own house outright, and have done for several years.

I now have a buy-to-let mortgage. So when applying for credit or changing banks, and being asked if I have a mortgage, I tick yes; but somethings the question is framed in a way that confuses me as to whether I am being asked about the place where I live; or any mortgage.

If my mortgage is viewed as a loan separate from my house then my credit rating would surely be higher than if it is assumed the mortgage is tied to the place I live?

How are people with buy-to-let mortgages supposed to answer?

As an example: how do I answer the question on MSE credit club's credit predictor?

System

How is your BTL formed? If its a Ltd Company and the mortgage is in the name of the Ltd Company then the answer is clearly no as the mortgage is the Ltd Co's, not yours due to the fact the Ltd Co is a separate legal entity and if the mortgage goes unpaid the Ltd Co is liable, not you.

If it is in your name then yes you have, even though it is a BTL. If you have no tenants or the rent doesn't get paid the mortgage still needs to be paid and you're liable for the amount and that affects personal affordability of new finance.